STATION GROWTH
ActiveSTATION GROWTH has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €315k and a net result of €-144k. Equity is growing by ~51.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 6994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
short-term debt: 0.9% and cash: 92.1% of total assets, and 3.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
60 d early
2024
18 d late
2023
30 d late
2022
6 d early
2021
30 d early
2020
36 d early
2019
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€315k▼ 31.4%
2024 · €459k
2019: €25k
2020: €88k
2021: €88k
2022: €78k
2023: €145k
2024: €459k
2019 → 2025
Total assets
€327k▼ 31.2%
2024 · €475k
2019: €39k
2020: €125k
2021: €148k
2022: €214k
2023: €192k
2024: €475k
2019 → 2025
Net result
€-144k
2024 · €314k
2019: €19k
2020: €63k
2021: €-253
2022: €78k
2023: €66k
2024: €314k
2019 → 2025
Working capital
€311k▼ 29.4%
2024 · €441k
2019: €-10k
2020: €-7k
2021: €11k
2022: €23k
2023: €105k
2024: €441k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€88k-€78k▼ 10.6%€145k▲ 84.4%€459k▲ 217%€315k▼ 31.4%
Operating result€2k-€100k▲ 6,022%€85k▼ 15.7%€407k▲ 381%€-148k
Net result€-253-€78k€66k▼ 15.5%€314k▲ 375%€-144k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €148k after €407k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €327k
Fixed assets
€12k▼ 53.1%
Current assets
€314k▼ 29.9%
Equity and liabilities €327k
Equity
€315k▼ 31.4%
Debt
€12k▼ 24.6%
The debt ratio rises from 3.3% to 3.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-134k▼
2024 · €422k
Cash flow
€-130k▼
2024 · €329k
Solvency
96.3%▼
2024 · 96.7%
Debt / equity
0.04▲
2024 · 0.03
ROE
-45.8%▼
2024 · 68.5%
ROA
-44.2%▼
2024 · 66.2%
Interest coverage
-1186.18▼
2024 · 7801.40
Debt
€12k▼
2024 · €16k
Debt ≤ 1 year
€3k▼
2024 · €7k
Income taxes
€498▼
2024 · €100k
A ratio outside any meaningful range has been withheld (balance sheet total €327k, equity €315k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€475k€327k▼
Fixed assets21/28€26k€12k▼
Tangible fixed assets22/27€15k€1k▼
Furniture and vehicles24€15k€1k▼
Financial fixed assets28€11k€11k=
Current assets29/58€449k€314k▼
Amounts receivable within one year40/41€21k€10k▼
Trade receivables40€0€1k▲
Other amounts receivable41€21k€9k▼
Cash at bank and in hand54/58€424k€301k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€475k€327k▼
Equity10/15€459k€315k▼
Contributions10/11€19k€19k=
Reserves13€933€933=
Distributable reserves133€933€933=
Profit (loss) carried forward14€439k€295k▼
Amounts payable17/49€16k€12k▼
Amounts payable within one year42/48€7k€3k▼
Trade debts44€877€2k▲
Suppliers440/4€877€2k▲
Taxes, remuneration and social security45€6k€1k▼
Taxes450/3€5k€498▼
Remuneration and social security454/9€1k€568▼
Accrued charges and deferred income492/3€9k€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€423k€-132k▼
Operating profit (loss)9901€407k€-148k▼
Financial income75/76B€7k€4k▼
Recurring financial income75€7k€4k▼
Financial charges65/66B€54€113▲
Recurring financial charges65€54€113▲
Profit (loss) for the period before taxes9903€414k€-144k▼
Income taxes67/77€100k€498▼
Profit (loss) for the period9904€314k€-144k▼
Profit (loss) for the period to be appropriated9905€314k€-144k▼
Appropriation of the result
Profit (loss) to be appropriated9906€439k€295k▼
Profit (loss) brought forward from the previous period14P€125k€439k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-144k ▼146%
Net result drops to €-144k, the lowest in the series.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Highest result since 2019net €314k ▲375%
Operating result €407k, net result €314k, both a record.
31-12
Financial
Liquidity times 20current ratio 62.68
Current ratio from 3.20 to 62.68; short-term debt falls from €48k to €7k.
31-12
Financial
Equity above €200kEq €459k ▲217%
3 profitable years in a row build equity to €459k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 3.20
Current ratio from 1.17 to 3.20; short-term debt falls from €136k to €48k.
31-12
Financial
Equity above €100kEq €145k ▲84.4%
2 profitable years in a row build equity to €145k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €78k
Net result €78k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
20-09-2025
Bahadir Yalcinkaya: Resigned as Director
27-12-2023
Bahadir Yalcinkaya: Resigned as Manager
27-12-2023
TUNç YALçINKAYA Demet: Resigned as Manager
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Goevernementsweg 431150 Sint-Pieters-WoluweGround area
3,401 m²
Building footprint
250 m²
Volume, LiDAR
1,697 m³
2 parcels, Brussels, Flanders · tallest building 15.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STATION GROWTH
since 20182.278.399.445
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0372/00L000 | Brussels | 2,945 m² | 1 · 176 m² | 15.7 m · 2 fl. |
| 22302C0224/00K002 | Flanders | 457 m² | 1 · 74 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,425 companies in sector 73300 we hold annual accounts for 6,901. 4,768 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-2018
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
73200Market research and public opinion polling
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.